VND 994 Billion Investment for Fisheries Centre

by
Ellen Hardy

13 October 2008, at 1:00a.m.

QUANG NGAI, VIET NAM - The People's Committee of Quang Ngai central province has granted an investment licence to the Vien Duong Construction and Trade Company to build a logistics centre for the fishing industry with a value of VND 994 billion.

This is the biggest project of its kind on the central coast, reports Nham Dan. It is designed to provide modern logistics services for the fishing industry, aquaculture and seafood processing in the region.

The project will be built in Tinh Kyf commune, Son Tinh district on an area of about 25 hectares.

Construction is expected to start in early 2010. Once finished in late 2011, the logistics centre will provide employment opportunities for as many as 500 local workers.